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Dec 18, 2012
12/12
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"fortune" magazine senior editor first broke the money behind the newtown massacre story. dan, let's talk a little bit about this. how do you react to the idea cerberus is now, in light of this, going to sell the company they so meticulously put together. it's not as though people didn't know that they were in the weapons business here all along. now they are saying we want to be out of it because we don't want to be part of the debate or they think the heat on them is going to become too great. >> i think it's the heat not part of the debate. they owned freedom group when freedom group had paid lobbyists in d.c. working on gun issues. that's not directly cerberus but clearly that makes them part of the policy debate. this is partially a pressure thing. cerberus gets a lot of money from big institutions, teachers pensions, et cetera. they can't directly say to cerberus you guys have to sell. they can say, look, if you don't do something about this, we might not be there the next time you go to raise a fund. >> you point out in one of your articles from last week that the r
"fortune" magazine senior editor first broke the money behind the newtown massacre story. dan, let's talk a little bit about this. how do you react to the idea cerberus is now, in light of this, going to sell the company they so meticulously put together. it's not as though people didn't know that they were in the weapons business here all along. now they are saying we want to be out of it because we don't want to be part of the debate or they think the heat on them is going to become...
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Dec 20, 2013
12/13
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you know, not passing background checks in the wake of newtown is something that i continue to believe was a mistake. but then i also look at because of the debate that occurred, all the work that's been done at state levels to increase gun safety and to make sure that we don't see tragedies like that happen again. there's a lot of focus on legislative activity at the congressional level. but even when congress doesn't move on things they should move on, there are a whole bunch of things that we're still doing. so we always get attention for it but the connect ed program that we announced where we're going to be initiating wireless capacity in every classroom in america will make a huge difference for kids all across the country and for teachers. a manufacturing hub that we set up in youngstown, something that i talked about during the state of the union is going to create innovation and connect universities, manufacturers, job training, to help create a renaissan renaissance, build on the renaissance that we're seeing in manufacturing. when it comes to energy, this year is going to be
you know, not passing background checks in the wake of newtown is something that i continue to believe was a mistake. but then i also look at because of the debate that occurred, all the work that's been done at state levels to increase gun safety and to make sure that we don't see tragedies like that happen again. there's a lot of focus on legislative activity at the congressional level. but even when congress doesn't move on things they should move on, there are a whole bunch of things that...
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Dec 18, 2012
12/12
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. >> want to update you on the tragedy in newtown tragedy. danielle lee back with the very latest. >> reporter: good afternoon. students returned to their classroom today aside from those attending sandy hook elementary, and when they did they were greeted by increased security and counselors on hand in case students needed to process. one parent said it was harder to send her son back to class and she believes this is a necessary part of the healing process for these students, but as all of that happens, as the students return to class just up the way behind me is a memorial still filled with lots of people, crowds of people struggling to move on. there were two more funerals today, and right now a wake is under way for that teacher that we've heard so much about, vicki soto works died trying to protect her children. the school, sandy hook, is still indefinitely closed while police investigating, even a nearby town says they can have another school red the for those students by tomorrow. the district has not decided when they will be ready t
. >> want to update you on the tragedy in newtown tragedy. danielle lee back with the very latest. >> reporter: good afternoon. students returned to their classroom today aside from those attending sandy hook elementary, and when they did they were greeted by increased security and counselors on hand in case students needed to process. one parent said it was harder to send her son back to class and she believes this is a necessary part of the healing process for these students, but...
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Jan 5, 2016
01/16
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after newtown, he had a big head of steam behind him. but in this moment, that was a display of passion from this president. >> thank you very much for that. >>> the major gun makes are soaring now on huge volume. take a look at the numbers for smith & wesson which is up by over 10%. today hitting new record highs. sturm ruger is also up. the last time we saw massive volume on smith & swes wes on w 2012 when he convened that meeting on gun control measures. >> let's take a look at the broader markets. stocks, i guess you could say they're building on yesterday's sharp selloff. at least continuing it. around session lows. you see, there the dow jones industrial average off .5% or 71 points. the s&p 500 above 2000. nevertheless, off by 3 1/2 points or a fifth of a percent. the nasdaq is up about a half percent. >> oil is sinking again. crude is sitting at $36.18. it is up by 1.6%. let's go to dominick chu. >> mandy, shares of apple are falling. this being helped along by a report in japan saying that apple's expected to cut the iphone prod
after newtown, he had a big head of steam behind him. but in this moment, that was a display of passion from this president. >> thank you very much for that. >>> the major gun makes are soaring now on huge volume. take a look at the numbers for smith & wesson which is up by over 10%. today hitting new record highs. sturm ruger is also up. the last time we saw massive volume on smith & swes wes on w 2012 when he convened that meeting on gun control measures. >> let's...
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710
Apr 15, 2013
04/13
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the 26th mile of the race today dedicated to the newtown victims. let's listen in, again, new england cable news. >> it looked like it was in a restaurant? >> no. it was on the sidewalk. there were no flames. it was a white cloud of smoke. it was a huge percussion. there were two runners in front of me that got hit by some slarp knell on their legs and went to the ground. it was definitely a con cussive type type shrapnel bomb. >> you think it might have been a bomb? >> i think it was a bomb. it didn't come from the street, the manhole. it was on the sidewalk where people were mingling out in front of the restaurants. >> that's a man speculating right now. we have nothing confirmed in terms of whether or not this was a manhole cover, whether or not this was, in fact, a bomb. he was just describing that it was on the sidewalk. this is one man's description of what happened. he said he did not hear -- he did not see, rather, any flames. instead he saw a white cloud of smoke. and he was pretty insistent that it was along the sidewalk. >> all right. thi
the 26th mile of the race today dedicated to the newtown victims. let's listen in, again, new england cable news. >> it looked like it was in a restaurant? >> no. it was on the sidewalk. there were no flames. it was a white cloud of smoke. it was a huge percussion. there were two runners in front of me that got hit by some slarp knell on their legs and went to the ground. it was definitely a con cussive type type shrapnel bomb. >> you think it might have been a bomb? >>...
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Jan 9, 2013
01/13
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president saying that he thinks that the administration is going to move very quickly in the wake of the newtown school shooting. take a listen. >> every once in a while there's something that awakens the conscience of a country, and that tragic event did it in a way like nothing i've seen in my career. so we're here today with you as it requires immediate reaction. >> that's the emotional backdrop. the nra is going to the white house, as will walmart which is the largest if not the largest gun vendors in the country. walmart, there was some confusion, maria, about whether or not they were going to attend the meeting. they put out this statement today saying knowing our senior leaders could not be in washington this week, we spoke in advance with the vice president's office to share our perspective. we underestimated the expectation to attend the meeting on thursday in person, so we are sending an appropriate representative to participate. maria, it appears that walmart will now be attending this meeting at the white house, but it's against this very tough emotional backdrop that they will have
president saying that he thinks that the administration is going to move very quickly in the wake of the newtown school shooting. take a listen. >> every once in a while there's something that awakens the conscience of a country, and that tragic event did it in a way like nothing i've seen in my career. so we're here today with you as it requires immediate reaction. >> that's the emotional backdrop. the nra is going to the white house, as will walmart which is the largest if not the...
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143
Dec 21, 2012
12/12
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a tough day for all those in newtown and those across connecticut. >> very tough day. today marks the one-week anniversary with tolling of bells across the state. and a very solemn remembrance of the horrific tragedy killing 20 beautiful children, and some very dedicated teachers and professionals. >> in terms of gun control, what would you like to see happen? assault weapons ban, high-capacity ammunition clips? what are the prospects of that actually passing? >> you know, the political landscape on this issue really has changed, almost seismically as a result of this harrowing tragedy. i think a lot of my colleagues, and i talked to some of the republican colleagues who are rethinking or revisiting their position, have reacted with tremendous emotion to this tragedy, as all of us have. and all america. and there's been an outpouring of support to newtown, a quintessentially new england town that's rallied together, showing tremendous strength. but also resolve that there should be some action. and i hear again and again and again from people in newtown, people in conn
a tough day for all those in newtown and those across connecticut. >> very tough day. today marks the one-week anniversary with tolling of bells across the state. and a very solemn remembrance of the horrific tragedy killing 20 beautiful children, and some very dedicated teachers and professionals. >> in terms of gun control, what would you like to see happen? assault weapons ban, high-capacity ammunition clips? what are the prospects of that actually passing? >> you know, the...
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Dec 21, 2013
12/13
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. >> reporter: the president's biggest setbacks, no gun safety legislation in the aftermath of the newtown shootings, and, yes, the rollout of the obamacare website. but he said progress is being made. on national security and foreign policy, the president said he'll comment after the first of the year about altering the power of the national security agency to collect information on americans. on iran he urged critics in congress to hold off on new sanctions and let the interim accord run its course. the president also praised congress for the modest budget deal, but also renewed his longstanding refusal to negotiate with congress over raising the debt ceiling early next year. >> it's probably too early to declare an outbreak of bipartisanship, but it's also fair to say we're not condemned to endless gridlock. there are areas where we can work together. >> reporter: and finally, the president also took note, american combat troops will final lly begin withdrawing fro afghanistan in the coming year. larry? back to you. >> hampton, we're going to get to the economic stuff in just a few mome
. >> reporter: the president's biggest setbacks, no gun safety legislation in the aftermath of the newtown shootings, and, yes, the rollout of the obamacare website. but he said progress is being made. on national security and foreign policy, the president said he'll comment after the first of the year about altering the power of the national security agency to collect information on americans. on iran he urged critics in congress to hold off on new sanctions and let the interim accord...
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Dec 17, 2012
12/12
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the newtown shooting will probably spike gun permits. in truth, the gun industry has been growing for the past few years. a presentation this month, smith-ansmith and wesson on track to exceed last year's total of 2.7 billion. a powerful motivator for gun owners, nra telling members in october a sweeping gun ban would be a near certainty in obama's second term. it's not the first time that's happened. 1994 marked the prior peak in u.s. gun manufacturing, the expired ban on assault rifles went into effect. the increase to the rush to make and buy these weapons prior to the ban. rising market lead low since 2008, when obama was elected. in fact, background checks by the fbi set a monthly record of over 1.5 million last month and marked the 30th straight check in gun applications. largest single day, black friday. checks don't always translate into sales, but certainly reflect interesting guns. the guns at smith & wesson. the stocks like gun sales showing upward trend over the past few years. a trend smith & wesson seeing continuing. 35% to
the newtown shooting will probably spike gun permits. in truth, the gun industry has been growing for the past few years. a presentation this month, smith-ansmith and wesson on track to exceed last year's total of 2.7 billion. a powerful motivator for gun owners, nra telling members in october a sweeping gun ban would be a near certainty in obama's second term. it's not the first time that's happened. 1994 marked the prior peak in u.s. gun manufacturing, the expired ban on assault rifles went...
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199
Dec 18, 2012
12/12
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all dpuns have been removed from stores near newtown. a lot of debate about the degree to which private equity has inserted itself into the debate. some investors may be rethinking their position on investing in companies like freedom, and certainly you read the statement from service -- >> it's straightforward. very interesting story. if you get a change in heart on the part of the pension funds that make up so much of the funds for private equity, not to mention, by the way, hedge funds and other investors out there, you could see some ramifications. this certainly may be one of them right here. the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in
all dpuns have been removed from stores near newtown. a lot of debate about the degree to which private equity has inserted itself into the debate. some investors may be rethinking their position on investing in companies like freedom, and certainly you read the statement from service -- >> it's straightforward. very interesting story. if you get a change in heart on the part of the pension funds that make up so much of the funds for private equity, not to mention, by the way, hedge funds...
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Jun 16, 2016
06/16
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wasn't able to be effective after the newtown massacre. i think we do have some sound from the president. let's take a listen to him. >> the motives of this killer may have been different than the mass shooters in aurora or newtown. but the instruments of death were so similar. new another 49 innocent people are dead. >> there you have the president invoking the instruments of death as a way of advance this argument. we'll see over the next few days when they have that senate vote whether it makes any progress. >> thank you very much. john harwood there as we continue to monitor the tragic events in orlando, florida. this is a heck of a segue but we're watching for conference calls, oracle. >> oracle, we're curious what they have to say. i'm curious big picture, they have a global business, what they have to say about europe and china, really about transition to cloud. >> steph, always good to see you. mike, see you tomorrow. >> i'll be back. >> looking forward. >> that's closing bell. thanks for joining us. >> now fast money. >> starts no
wasn't able to be effective after the newtown massacre. i think we do have some sound from the president. let's take a listen to him. >> the motives of this killer may have been different than the mass shooters in aurora or newtown. but the instruments of death were so similar. new another 49 innocent people are dead. >> there you have the president invoking the instruments of death as a way of advance this argument. we'll see over the next few days when they have that senate vote...
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301
Dec 24, 2012
12/12
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eye 301
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fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are going to be under a little bit of pressure certainly by the end of the year. >> we'll see what the new quarter brings. we'll see you in a few minutes. that was fantastic. >> got to keep up the traditions down there. >> absolutely. meanwhile, facebook shares on our radar. a tax story, bullish, endless note. >> hi, carl. according to the sunday times facebook reportedly funneled 440 million pounds or approximately 712 million dollars into a tax haven last year to avoid taxes in britain. now a facebook spokesperson in response says that facebook complies with all relevant corporate regulations incl
fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are...
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131
Jan 16, 2013
01/13
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over the month since the tragedy in newtown, we've heard from so many. and obviously none have affected us more than a families of those gorgeous children and their teachers and guardians who were lost. so we're grateful to all of you for taking the time to be here and recognizing that we honor their memories in part by doing everything we can to prevent this from happening again. but we also heard from some unexpected people. in particular, i started getting a lot of letters from kids. four of them are here today. grant frits, julia stokes, hannah zeha and tasia good. they're pretty representative of some of the messages i got. these are some pretty smart letters from some pretty smart young people. hennah, a third grader. you can go ahead and wave, hennah. that's you. hennah wrote, i feel terrible for the parents who lost their children. i love my country. and i want everybody to be happy and
over the month since the tragedy in newtown, we've heard from so many. and obviously none have affected us more than a families of those gorgeous children and their teachers and guardians who were lost. so we're grateful to all of you for taking the time to be here and recognizing that we honor their memories in part by doing everything we can to prevent this from happening again. but we also heard from some unexpected people. in particular, i started getting a lot of letters from kids. four of...
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186
Jan 2, 2013
01/13
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look at the holiday shopping environment, i think that not only was 2012 a tough year, you look at newtown. it was hard to say, i'm going to go out now and shop till i drop. >> and sandy. >> and sandy. you had all these things sort of made you reflective, at least my own family and friends on what maybe matters. you didn't have that mood of, let's go fill up the bags, right? there's a lot more "squawk on the street" coming up. do not go anywhere. >>> coming up, now that the new year is here, did you make any investment resolutions? it's not too late to let cramer help out. with six stocks in 60 seconds when "squawk on the street" returns. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to
look at the holiday shopping environment, i think that not only was 2012 a tough year, you look at newtown. it was hard to say, i'm going to go out now and shop till i drop. >> and sandy. >> and sandy. you had all these things sort of made you reflective, at least my own family and friends on what maybe matters. you didn't have that mood of, let's go fill up the bags, right? there's a lot more "squawk on the street" coming up. do not go anywhere. >>> coming up,...
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Dec 20, 2012
12/12
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i know in the wake of the newtown tragedy, there's been new focus on video games. you've had prominent politicians and others calling for more overseeing of video games. the piper note actually a little different. that's
i know in the wake of the newtown tragedy, there's been new focus on video games. you've had prominent politicians and others calling for more overseeing of video games. the piper note actually a little different. that's